Papua New Guinea (PNG) is making progress in developing its National REDD+ Finance and Investment Plan (RFIP) following the Government’s endorsement of the country’s National REDD+ Strategy in 2017.

The RFIP is a next step flowing from its National REDD+ Strategy which focuses on mapping out specific needs, gaps and action areas within key sectors at the national and sub-national levels. Development of the RFIP will focus on:

Mapping specific actions needed to undertake transition from ‘business as usual’ to a new sustainable development pathway;

Addressing mechanisms for financial management and cost-sharing, monitoring and safeguards.

Papua New Guinea’s Climate Change and Development Authority (CCDA) is working to complete the REDD+ Finance and Investment Plan so that it can effectively address the needs and gaps identified in the National REDD+ Strategy. United Nations Development Programme (UNDP) through the Forest Carbon Partnership Facility (FCPF) REDD+ readiness project, is supporting the RFIP process.

Key sectoral retreats have been held with Forestry, Lands, Environment and Agriculture sectors. This has enabled work on the costing of sector-based action plans and identification of potential financial options to implement the NRS.

REDD+ Stakeholders at a sector retreat analyzing key gaps and challenges to be mapped out in the REDD+ Finance and Investment Plan. Picture by FCPF

Papua New Guinea is working to finalize the RFIP over six months with further sector-based and subnational consultations as next steps. These consultations are intended to define concrete actions to be implemented, as well as the necessary institutional arrangements. The activities identified in the RFIP will be implemented in the pilot provinces of Madang, East New Britain and West New Britain.

The UN-REDD Programme supported Papua New Guinea's REDD+ readiness process via a National Programme (2011-2016) and Targeted Support (2012-2014).